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. >> the president is going away for christmas. he's going to hawaii for 20-something days. where am i going to be? where are my neighbors going to be? we aren't going to have a place to call home. >> all that can happen and all that will happen is one side will concede. >> will the president stay in town through the course of these negotiations? >> you are going to enjoy your holiday in hawaii. aim going to be here with no lights, no electric, no plumbing, what am i going to do for the holidays. >> what obama wants is a confession. >> should anyone in washington be going on vacation in the middle of this fiscal crisis? should the president be jetting off to hawaii? both sides created this mess and they are the only ones who can fix it. from senior advisor president reagan began, pat buchanan joins us. pat, any promise of the president if he leaves town before this is resolved? >> i think the president is taking a tremendous risk here, greta. the reason is if this is not solved and it looks like it is going to come apart, say, on the 20th, 21st of december and he's splashing around at hawaii, you
's flight is cancelled. >> gretchen: we'll talk about that. say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the republican plan b deal that ex
the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's allowed. he's not going to be like in -- you know, transferring in san francisco or l.a. or something. and hoping that flight isn't -- i think he can just sort of -- >> the good news. >> he can probably work on the way back. >> yeah. no -- >> at his desk or do what, you know, whatever. he may be able to play sports. there's no basketball court on air force one. right? or putting green? >> no. but i think that -- they might have an xbox or something. >> yeah, if we play virtual golf or -- hoops or something. all right. >>> as for the markets, stocks turning in double digit gains in 2013. nine of the 10 s&p sectors looked in p
. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together sore we
in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> in connecticut today funerals took place for two 6-year-old victims of the sandy hook elementary school massacre, now, we're learn morgue about the killer from a former friend. ways freshman where lanza was a sophomore, both members of the tech club. >> very intelligent person. just like the way he acted around other people was just very with draub drawn, and just quiet. he had a nerd look. like you know khaki pants, belt, tucked in shirt. he had little computer hit. -- kit like a brief case instead of a backpack and a pocket protector. at one point he was a good kid. the event he did that day, may have been evil. before then, he -- he was just another kid. >> he says he lost touch when lanza left high school for home schooling. >> officials in texas including the governor, rick pee$ prevent school shootings. governor perry says knee jerk gun control legislation snot the answer. h
the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
quit his job and sold his things and planned to move to hawaii and bought a ticket. now she wonder fist he planned to move. here say counsellor with his high school. >> he was counseling kid assigned to the yard system and helped us with work in the counseling office. i found him to be a polite young man. soft spoken and nice smile. just really surprised that somebody with his personality would do this. >> we are learning more about the victims. 54-year-old cindy ann yullie. she was everyone's friend and a hospice nurse. steve forsythe had two children and loved to coach kids sports. christina is in the hospital in serious condition with bullet fragments in the lung and liver. the 15-year-old will recover, but faces more surgery. >> john mcafee, the software pioneer is back in the u.s. >> i don't even know why i'm here. this morning i was in jail and today here i am. >> a bizarre murder mist rear had this mouth you will on the run and hiding in belize to you go at mally and now miami beach. what's next? we caught up with him. that's ahead. [ female announcer ] what if the next big thing
, explain to all of us because it appears the lights are out in washington d.c. the president is in hawaii. everyone is home. with all the sides saying that they expect to go over the cliff, it looks pretty likely that that might just happen. >> well, i certainly think that concern is growing. that that's a real possibility at this point. at the same time, thomas, i think there's still so much pressure on all sides so get something done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the white house has described this as a working vacation for president obama, but the reality is that negotiations are largely deadlocked on all sides. there have been a few talks going on at the staff level, but the real bulk of this work is going to get done when lawmakers return to washington later this week after the christmas holiday and resume manageses. that's when we're going to see the focus really shift away from the house and on to the senate. of course, speaker boehner tried to get his plan b, alternative bill through t
to hawaii. he never followed through on that. instead police say he put a hockey mask on and headed toward the clackamas town center mall on tuesday afternoon. ended up killing a dedicated hospice nurse and respected former radio executive. critically wounded a 15-year-old girl before he finally committed suicide. it all brings us right to dan simon. he's live from suburban portland this morning. what else do we know about jacob roberts? >> reporter: well, good morning, soledad. his name surfaced less than 24 hours ago so it's still a bit early in the investigation. but the things that you would typically look at, his family life, you know, where he works, his relationships, haven't seen really any obvious signs. investigators say they haven't found a criminal history, no violent past. so at this point things don't really add up. people have been trying to look at his facebook page, esee if there are any clues there. there is a piece of artwork on his facebook page saying follow your dreams. the word "cancelled" stamped over it. could that suggest anything? at this point we don't know that
. criminal charges against him were dropped. >>> the state of hawaii is no longer 50th in voter turnout. it's tied for 49th with west virginia. this time around, they've got company at the bottom. both west virginia and hawaii tenned out 44.2% of its voters in 2012. >>> the duke of cambridge decided to cancel a scheduled appearance at a military event to be with his pregnant wife. katherine has been battling acute morning sickness. they are supposeded to attend the royal premiere of "the hobbit" tomorrow but the daily mail says katherine may not be well enough to go. >> if he skips the hobbit for her, that is true love. i'll be impressed. >> thank you. 17 minutes past the hour. time for early reads, local news making national headlines. we're starting with the charlotte news and observer in north carolina where a federal judge ruled the state cannot issue choose life license plates without offering ones with different view points. he called it viewpoint discrimination and violation of the first amendment. pro-choice advocates and the aclu praised that decision but the ruling suggests, they
, they talked very nicely to one of the passengers, probably offered him, i don't know what, flights to hawaii or something, just to accommodate me in first class. >> you automatically get up graded now? i mean, do you have to pay for first class? or is it all coach -- >> i buy first class because it's important for me to be comfortable with all the flying i do. like i said, people say oh, how can you do it? i fly first class, and united, by the way, they have cnbc, "squawk box," on the flight this morning. >> they do. >> yes, they do. quite a few flights that show your show. >> what do you mean you fly first class? you don't pay first class? >> i negotiate a rate because of the extreme amount of travel i do. >> does anyone really pay those first -- i mean -- >> people do. >> not as much. they -- obviously upgrades is a very popular commodity -- >> upgrade frequent flyers? >> you can upgrade with miles. you can copay. there's a lot of different ways to upgrade. the average flyer kind of ge gets -- kind of has been spoiled through, you know, before united went bankrupt -- >> spoiled? i don't th
job in the derks li and sold all of his belongings and bought a ticket to hawaii. >> she wishes to express shock and grief the events in the shopping she has no explanation or understanding of her son's behavior. >> ros killed a 54 year old nurse and 45 year old father of two, steven forsyth. a 15 year old was seriously injured . robertson took his own life. late last night john fee -- macfee arrived in the united states. >> this morning i was in jail and today here i am. i am not worried at all. if i am in front of a court they will not send me back. they have no evidence . >> gretchen: macfee is wanted in the country of bealize for the murder of his neighbor. we'll hear from secretary of state hillary clinton on the benghazi, libya attack that left ambassador stevens and three others dead . she will testify december 20th to the house foreign acommittee. the administration has been under fire for the handling of the benghazi attack and their consulate. today government is making commercials tune it down, really? ♪ ♪ >> gretchen: a new fcc rule said tv commercials can't have
his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the lo
the most category? taking into account mortgage size and income. borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, d
.com/pricerewind. david: president obama cutting his hawaii vacation short to get back to washington to discuss the fiscal cliff. let's check the big board and see how the market is looking just days before americans could plunge off that cliff. it's been pretty steady at about mid 20s to the plus side on the dow. well, netflix shares are down as it blames amazon for outages that hit the streaming video service on christmas eve, more than 27 million subscribers could have been affected after an outage at an amazon web service center in virginia. full service was restored on christmas day. the company being blamed, amazon, shares of amazon are also down today, and what you might see written on your next cup of jo from starbucks. we will tell you what that is coming next right here. david: well, you might start to notice that starbucks employees are not writing your name on your latte, but they are putting a message there instead. a new campaign from a starbucks chief executive is urging his employees to write come together on customers' cups as a message to lawmakers as an effort to urge lawmakers to come
until '75. in television, nothing succeeds like the trend. cheryl: because hawaii 50 has been a huge success. they thought it would be horrible. huge ratings. dennis: the long tail. cheryl: i will send a media thing for. korean pop singer psy whooping it up "gangnam style" all the way to the bank with 1 billion views on youtube. the hit songs now said to make psy a multimillionaire. they reportedly will be raking in $8 million this year for sources like youtube ads, tv commercials. underlining the emergence of new revenue stream for the music industry. something you know a lot about. the fight between the labels. dennis: the big question is whether psy comes back with a soft market where is he the next macarena, who let the dogs out. cheryl: it is so interesting is he did this all himself. he said not to go to sony for the record labels. i will do it on my own. dennis: loving that video. is citigroup the grinch that stole christmas? 11,000 workers laid off with no bonus. cheryl: the fallout, and there could be more layoffs coming. lori and melissa are up next. before copd... i took m
, when the president is supposed to head to hawaii on his christmas vacation, all of this could slide. the real deadline is the end of the year, but they really need to strike a deal by christmas. and even doing that, have been waiting as long as that is something that could really roil the market. so it's also important that they do it before then, ted. >> yeah, well, hopefully the threat of missing their vacation will push them to work harder. >> it works sometimes. >> sure. brianna keilar for us this morning at the white house. brianna, thank you. this morning, some calming words on syria amid fears that the crumbling regime there could unleash chemical weapons on its own people, just days after the u.s. and other countries warned embattled president bashar al assad against such action. defense secretary leon panetta says syria may be backing away from that threat. here is what panetta said earlier this morning aboard a flight to kuwait city. >> we haven't seen anything new indicating, you know, any aggressive steps to move forward in that way. but we continue to monitor it very cl
that you're on of the they were upset that they went on christmas vacations. the president went to hawaii and members of congress went home. both sides said we're going to come back to washington because we've got to solve the situation. i think what so many people are frustrated about is this is an ongoing situation. it's like every year we come to this point where we're talk being this cliff and this is what i think has angered so many voters and why congress has such a low approval rating. >> rick: they also got to this point because of their last time they did this. it was the last debt creating fight that deleted this thing. now they gave themselves an amount of time to work on it you and thought maybe last week there was a little progress being made. turns out there is not. we're back to exactly where we started at and we're eight days out now. >> clayton: you're right about that 'cause senator baucus, even back around thanksgiving, the senator from month month said oh, this is not going to get done, around thanksgiving. he said we will wait, as congress does, this will come to the
ii growing up. >> i had extended family who were in hawaii a short time ago who were veterans who were at pearl harbor managed to sleep in on that sunday morning and missed it by about an hour. >> i was name and my son is named after my uncle eric bolling shot down south pacific. body never found. everyone has a tie to that generation. >> he is proud you are carrying on his name. >> yes, sir. >> take a look at your northern plains, still warm across parts of the south. southeast is going to be well above your averages. that's to the south of this front. to the north of it just have scattered showers, scattered snow showers across parts of michigan and heading in towards canada. it's going to be mostly rain at least for now though across areas of the ohio valley northeast two or three days. developing system across the northern rockies. doesn't look like. now. measurable and plowable snow across minnesota by the time we get towards sunday afternoon. we do have blizzard warnings in effect. we will be very windy across parts of the dakotas. heaviest of the snow storm warning across w
is confirming that it has plans for a sed set country in india. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type o
of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senat
affected. but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned and why? tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but with so much
was in hawaii. this is 15 minutes. >> you will excuse me if i am frustrated in the situation i find myself in. president obama, self and others and asked if there was something we could do to avoid in the fiscal clef. we have been asking the president and the democrats to work with us on a bipartisan agreement for months. a plan that would simplify the tax code, st. the deficit, protect the tax payers, and put the economy. democrats consistently rejecting the offer is. the president chose instead to spend time on the campaign trail. this was after he got reelected. a congressional democrats said on their hands. we have stepped away out of our comfort zone. we wanted an agreement. we had no takers. the phone never rang it. here we are five days after the new year and we might finally start talking. democrats have had a year to put forward a balanced bipartisan proposal. if they had something that fixed the bill, i'm sure the majority leader would have to deliver the votes the president needed to pass it again to of the senate and we would not be and then to of this miss. here we are, once agai
an electromagnetic pulse because a lot of disturbances in hawaii which is about 800 miles away. the soviets had a lot more experience than we. they actually developed -- we designed them but never built them, enhanced e.m.p. weapons. a single large nuclear -- i shouldn't say that. because it doesn't have to be a large bomb. because it could be a relatively small bomb that's e.m.p.-enhanced. a single appropriately bomb detonated three miles high over nebraska or iowa would prank et our whole country and -- blanket our whole country and if the e.m.p. lay down was robust enough, it would essentially fry all of our microelectronics. the grid would be down for a year or more. and your car wouldn't run and there have been a couple of books writ on that subject. one i would -- written on that subject. one i have read which is an easy read and i commend newt gingrich, he brought the author to my office and he mentioned this on the campaign trail, thank you, newt, this was a book called "one second after." i came to my office one day and there was a big book on my desk and there was a hand written note on it
Search Results 0 to 26 of about 27 (some duplicates have been removed)